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US spending on TikTok Shop gains as TikTok faces threat of ban

www.reuters.com /technology/us-spending-tiktok-shop-gains-tiktok-faces-threat-ban-data-shows-2024-12-07/

NEW YORK, Dec 7 (Reuters) - U.S. TikTok users spent heavily to buy merchandise from a range of vendors on the e-commerce platform TikTok Shop so far this holiday shopping season, according to TikTok estimates and a Reuters analysis of spending patterns measured by data from Facteus.

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  • "threat confirmation of ban forced sale"

    I'm really tired of the media and the sensationalized headlines that it's being "banned". It's not. It's a forced sale or a spinoff. It's just that byte dance can't operate it in the US anymore, they are free to sell it or spin it off as its own non-Chinese backed company and continue standard operations.